Tariffs and sky high audio prices.


With the Chinese tariffs taking hold on 100% of the imports and maybe even on Mexico forthcoming, the audio industry is going to see another big jump in their sky high prices. Anyone making purchases ASAP to get lower prices from existing inventory before post tariff products enter the marketplace?
tubelvr1

Showing 2 responses by blkadr

I can't provide in-depth analysis of the intricacies of economic policies. I can report on what I have witnessed over the last couple of decades. 1 party, the self-proclaimed deficit Hawk fiscal responsibility party, warns us of the dangers of tax-and-spend policy.
But when they regain power, suddenly the deficit doesn't matter and they Implement tax cuts that funnel this lost government revenues to the most wealthy.
Meanwhile I'm reminded of the old saying, you can't teach Old Dogs new tricks. One man has proven this wrong, he seems to have taught an entire political party to roll over. This one man seems to be the only one who thinks that tariffs will achieve a desired effect, while the vast majority of his own party disagree but are unwilling to go against him.
That being said, should I get a new Rogue Sphinx V2 or a used Bel Canto?
That crafty art of the deal guy is going to make us the best tremendous deal. We will win the Tariff War bigly.
So, judging from what little tax records he could not conceal, we find out that he lost more money than anyone in recent American history. He would have been crowned The Biggest Loser.
And as far as Paul Krugman is concerned, most of those I have seen criticize him support supply-side economics. This is a strategy that is based on myths that have been proven wrong. Supply does not inherently increase demand, and giving huge tax breaks for the wealthy and billion dollar corporations results in a glut of cash taken offshore to avoid taxes.
Simply put the middle class drives the economy because they spend the money.